Business Email Compromise

The Big Spike In ‘CEO Fraud’
The Big Spike In ‘CEO Fraud’
February 12, 2020  |  Security & Fraud

According to the 2019 edition of the FBI’s Internet Crime Report, last year was both a lucrative and diverse year for cybercriminals and scammers. All in, the...

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How Big Tech Brands Make Businesses An Even Bigger Phishing Target
How Big Tech Brands Make Businesses An Even Bigger Phishing Target
February 11, 2020  |  B2B Payments

New data was released this week with an urgent, albeit not necessarily unexpected, message: ransomware and other phishing attacks continue to dramatically spike, with more...

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Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
Anomali Identifies Scam To Steal Gov’t Procurement Site Credentials
December 17, 2019  |  B2B Payments

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets are procurement websites...

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Corporates Brace For BEC Scam Ramp-Up
Corporates Brace For BEC Scam Ramp-Up
November 18, 2019  |  B2B Payments

Cybersecurity experts are warning that the next year, and beyond, will continue to present an elevated threat level to businesses at risk of payments fraud...

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B2B Fraudsters Find New Twists In Old Scam Favorites
B2B Fraudsters Find New Twists In Old Scam Favorites
October 07, 2019  |  B2B Payments

Fraud never sleeps, and the corporate finance department cannot afford to stay behind on the ever-changing strategies of fraudsters. This week’s B2B Fraud Tracker looks...

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FBI, BBB Sound Another Business Email Compromise Alarm
FBI, BBB Sound Another Business Email Compromise Alarm
September 30, 2019  |  B2B Payments

Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in...

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SMBs Severely Underestimate Data Breach Costs
SMBs Severely Underestimate Data Breach Costs
September 23, 2019  |  B2B Payments

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Get...

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Email B2B Scams Cost $26B Over Last Three Years
Email B2B Scams Cost $26B Over Last Three Years
September 11, 2019  |  Security & Fraud

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools...

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Toyota Unit Loses $37M To Vendor Payment Fraud
Toyota Unit Loses $37M To Vendor Payment Fraud
September 10, 2019  |  B2B Payments

A subsidiary of automaker Toyota has lost millions of dollars thanks to a vendor payment scam, according to SC Media UK reports. The publication said...

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